Issues Rs. 100 Crore Commercial Papers at 6.30% for 90 Days
Short-term borrowing update.
- Issue Size
- INR 100 Crore
- Interest Rate
- 6.30%
- Tenor
- 90 days, maturing December 24, 2026
- Credit Rating
- IND A1+
- Face Value per Security
- INR 5,00,000
What was announced
Uno Minda Limited informed the exchanges that it has issued and allotted Commercial Papers aggregating INR 100 Crore on September 25, 2026, through private placement.
Key terms
- Instrument: Commercial Papers (CPs), issued on private placement basis
- Security: Unsecured
- Issue size: INR 100,00,00,000/-
- Face value per security: INR 5,00,000/-
- Issue price per security: INR 4,92,351.50
- Coupon/interest rate: 6.30%
- Discount rate: 98.4703
- Tenor: 90 days, maturing December 24, 2026
- Credit rating: IND A1+
- Investor: Kotak Mahindra Bank
- Listed on the National Stock Exchange of India Ltd on September 25, 2026
What a Commercial Paper is
A Commercial Paper is a short-term money-market instrument used by companies to borrow for a few months. It is sold at a discount to face value rather than paying periodic interest, so the investor pays INR 4,92,351.50 now and receives INR 5,00,000 at maturity. The difference is the return, reflected in the stated rate of 6.30%.
How investors may read it
This is a debt raising, not a share issue, so there is no change to equity capital or shareholding. The IND A1+ rating is the highest category for short-term instruments and indicates a very strong degree of safety for timely repayment. Borrowing of this kind is typically used for working capital or near-term funding needs and is repaid within the 90-day tenor.
Also from UNO Minda
Half Year Statement on ISIN for Outstanding Non-Convertible Debentures as on September 30, 2026
6 Oct 2026
Review orders from Pune VAT authority; net demand of Rs. 1,13,72,385/-
24 Sep 2026
More numbers
- Aggregate CP issue sizeINR 100,00,00,000/-
- Face value per securityINR 5,00,000/-
- Issue price per securityINR 4,92,351.50
- Coupon/interest rate6.30%
- Discount rate98.4703
- Tenor of instrument90 days
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